Frequently asked questions relating to Felixstowe Lease Extensions

  • I need to extend my existing lease can you help me with that? I think it has 57 years residual lease term
  • I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am the owner of a maisonnette and the freehold title. My upstairs neighbours have asked for a lease extension what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Felixstowe, and my lease will reach 56 years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • The terms for the lease on my flat in Felixstowe are 101 years from 12 Jan 1990. Please supply me me a quote for a lease extension if I give you more specifics please?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We are acquiring a garden flat in Felixstowe which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to be patient until the lease extension has actually been registered before completing.?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Felixstowe. I occupy in the upper flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is seventy two years left. If I want a lease extension then would I simply be paying for the conveyancing practitioners charges?
  • My wife and I are concerned about seeking a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £200 increasing by 100% every 25 years of the new lease. Can you help?
  • I have a lease of 66 years remaining on my flat in Felixstowe. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Felixstowe

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